Secondary Property for Sale in Paphos – Resale ListingsBeaches, history and steadyproperty demand

Resale property market in Paphos, Cyprus

Why buyers choose secondary real estate in Paphos

Paphos, a historic coastal city on the southwest coast of Cyprus, continues to attract international buyers seeking charm, lifestyle, and long-term value. While modern developments are booming, the resale market offers a unique combination of authenticity, location, and competitive pricing. Whether you're looking for a holiday home, a retirement retreat, or a rental investment, second-hand properties in Paphos provide flexible options for a wide range of buyer profiles.

The city’s UNESCO-listed old town, mild Mediterranean climate, English-speaking environment, and strong expat community make it a natural choice for those relocating or investing abroad. Many resale properties are located in established neighborhoods, offering sea views, mature landscaping, and proximity to local services — elements that can be hard to find in new builds.

Types of resale property available

The resale market in Paphos is rich and varied. Buyers can choose from:

• Traditional village houses: Found in charming areas like Tala, Kissonerga, or Peyia, these stone-built homes often come with thick walls, wooden shutters, and courtyard gardens. Many have been renovated to include modern comforts while retaining Cypriot character.
• Sea-view apartments: Located in complexes throughout Kato Paphos and Chloraka, these apartments range from compact studios to spacious 2–3 bedroom units with balconies, shared pools, and parking.
• Detached villas: Resale villas in areas like Coral Bay, Geroskipou, and Konia are in high demand, offering privacy, pools, and panoramic views — often at lower prices than new developments.
• Townhouses: Ideal for buyers seeking a lock-and-leave property, many townhouses feature private gardens and are part of well-managed complexes.
• Renovation projects: Occasionally available in the historic center or surrounding villages, these properties offer value-add potential for buyers willing to upgrade them.

Second-hand properties typically come with fully equipped kitchens, installed air conditioning, white goods, and in many cases, furniture included. Mature gardens, existing solar panels, and established property management arrangements also add to their appeal.

Pricing and value in the resale market

As of 2025, Paphos offers one of the most balanced property markets in Cyprus. While new builds have increased in price due to construction costs and foreign demand, resale properties offer a cost-effective alternative — especially for buyers looking for larger plots, character homes, or prime locations.

• 1-bedroom apartment (resale): €80,000–€120,000
• 2-bedroom apartment: €110,000–€160,000
• 2–3 bedroom townhouse: €150,000–€220,000
• Detached villa with pool: €250,000–€400,000 (depending on age, view, and condition)
• Village house (renovated): €120,000–€200,000

Prices vary by area — central Paphos and coastal zones like Kato Paphos or Coral Bay tend to be more expensive, while hillside villages such as Tsada or Emba offer better value per square meter. Properties with clear title deeds, no VAT, and lower ongoing maintenance costs are particularly attractive in the resale segment.

Legal framework and ownership process

Cyprus is well known for its transparent legal system based on English common law, which supports safe property transactions for both locals and foreigners. When buying a resale property in Paphos, the legal steps are clear:

• Title search: Ensuring the property has a clean title and is free from encumbrances or developer debt.
• Sales agreement: A preliminary contract is signed and lodged with the Land Registry to freeze the transaction and protect the buyer.
• Due diligence: Carried out by an independent lawyer, this includes checking planning permissions, permits, and shared ownership issues.
• Transfer and registration: Once full payment is made and taxes are settled, the title deed is transferred to the new owner.

Resale properties often come with title deeds already issued — a major advantage over some off-plan or recently completed developments. Foreign nationals from EU and non-EU countries can purchase resale property in Cyprus, with some restrictions on the number of properties for non-EU citizens (typically one per person, though this can be extended).

Property Transfer Fees are typically 3–8% (tiered) and are reduced if VAT was already paid on the original purchase. Legal costs are usually 1–2% of the purchase price.

Who’s buying resale property in Paphos

The resale segment in Paphos attracts a wide variety of buyers:

• British retirees: Cyprus’s climate, healthcare system, and cultural familiarity make it a top choice for UK pensioners. Many prefer resale villas or bungalows with outdoor space and minimal stairs.
• Eastern European investors: Buyers from Poland, Ukraine, Romania, and Russia are active in the resale market, often seeking rental income or dual-use homes.
• Digital nomads and expats: Remote workers are increasingly choosing Paphos for its affordability and lifestyle, preferring apartments in the city or near the sea.
• Local upgraders: Cypriot families moving to larger homes or better neighborhoods often opt for second-hand properties over new builds.
• Golden Visa applicants: Though the main investment path involves new property, some investors use resale real estate as part of a broader residency or business strategy.

Rental yield potential is also influencing demand — many resale homes are bought specifically for short-term or long-term rental purposes. Kato Paphos, in particular, remains a popular area for Airbnb-style income, given its proximity to the beach, harbor, and tourist infrastructure.

Best districts and long-term outlook

Second-hand properties are available across the greater Paphos region, from city-center apartments to countryside villas. Some of the most popular areas for resale purchases include:

• Kato Paphos: Lively, walkable, and close to the beach. Ideal for rentals and seasonal living.
• Universal: A mixed-use neighborhood with good transport links and modern resale apartments — popular among expats.
• Tala and Peyia: Hillside villages with panoramic views, offering detached homes with pools and character.
• Geroskipou: A growing residential suburb with value-for-money villas and townhouses close to international schools.
• Konia and Tsada: Elevated areas just outside the city with cooler summer temperatures, privacy, and golf access.

With Cyprus’s real estate market stabilizing post-pandemic and EU integration solidifying its legal and economic systems, the long-term outlook for resale properties in Paphos is positive. Infrastructure improvements, such as the upcoming marina project and airport upgrades, add further appeal for buyers and investors.

In a market where land is limited and new construction is increasingly priced for high-end buyers, the secondary real estate segment offers a balance of value, lifestyle, and authenticity. For those seeking immediate occupancy, established neighborhoods, and legal clarity, resale properties in Paphos remain a smart and secure choice.